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The CBE indicated that the “sharp decline in annual headline inflation” in 1Q 2025 created “ample room for commencing the easing cycle.”
Author Archives: enterpriseam admin
Posted inFood
B Laban’s reopens in Saudi Arabia, and could follow suit in Egypt if it mends health and regulatory lapses
B Laban back in business — in Saudi, at least. Homegrown dessert chain B Laban is officially resuming operations in Saudi Arabia after all of its branches there were shut down last month due to suspected food safety violations, the company said in a statement. The news comes amid the chain’s continued closure in Egypt, […]
Posted inA MESSAGE FROM VODAFONE
Vodafone Egypt becomes the first telecom operator to match 100% of its electricity with renewable sources, driving sustainable change in the telecom industry
As we celebrate Earth Day, it's the right time to reflect on the steps we are taking to protect our planet. At Vodafone Egypt, we know the path to net-zero carbon emissions is complex, but we are committed to navigating it through a clear, practical roadmap by 2035. Significantly reducing our reliance on diesel-powered generators, […]
Posted inIPO
Saudi-owned Rakhaa wants to go public on EGX with 30% stake
Rakhaa has been in Egypt for 20 years and operates 24k feddans
Posted inEGYPT IN THE NEWS
The international press gears up for the official opening of the Grand Egyptian Museum
“There is perhaps no institution on earth whose opening has been as wildly anticipated, or as mind-bogglingly delayed, as the Grand Egyptian Museum,” the New York Times noted in a photo essay in its travel pages. Ahead of the museum’s official (and full) opening on 3 July, the paper noted — to the delight of […]
Posted inAlso on our Radar
Chevron makes its Red Sea exit official. PLUS: Saudi Gold Refinery, Raya Holding, Ora Developers, Microsoft
Chevron said its resources will instead go towards its interests in Egypt’s Mediterranean
Posted inPLANET FINANCE
China's rare metals restrictions threaten car manufacturers
The controls now encompass seven heavy and medium rare earths
Posted inCALENDAR
APRIL 27 April (Sunday): Deadline for applications to MINT Incubator's 3-month equity-free startup program with Alex Angels. 28-30 April (Monday-Wednesday): FDC Regional Digital Industry Summit will launch cybersecurity index. 30 April (Wednesday): Deadline for Australia Awards Scholarships applications. Mid-April: Egyptian trade delegation to promote investments during an official visit to Canada Business-to-business forum of Egyptian […]
Posted inWHAT WE’RE TRACKING TONIGHT
TBS Holding negotiates sale of 25% stake to Saudi fund
Good afternoon, friends. The condensed workweek coincides with a slew of news of regional acquisitions and more volatility in the global market. THE BIG STORY TODAY Homegrown TBS Holding is in talks to offload a 25% stake to an unnamed Saudi direct investment fund for up to USD 20 mn, Chief Investment Officer Sameh El […]